The VIX Guy, 50 Cents isn't present.
Implied VX is SKY HIGH.
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The Illusion continues to Live.
A great many are going to pay the Price for
being dead-ass wrong.
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I'm going to be as Subjective as the mood suits today.
QE Breeds Instability
Conditions under QE - the substantive change may actually
be relatively minor, but this is irrelevant to speculators and
Degenerate Gamblers at the Flamingo Sports Book.
The reason, simple: Speculators with assets in the Bag with
longer maturities will take larger capital losses with relatively
small changes in interest rates under prevailing Confidence.
Projecting my inner monologue is something I attempt to
avoid on balance - Shake Rattle and Roll on FOMC minutes
is how I'm setting up for a Deline.
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Something very serious is about to happen, can't shake it.
We will be SELLERs, win lose or draw. Scalps the Micro Ranges
with a SKEW at extremes.
There you have it... Alex and I are Salmon Fishing.
Have a great rest of the Weekend.
Happy Hunting - Hunter Killer